Reason: PLTR erupted - RSI up to 73 from 44.2 on a +39.78% week (was +0.11%), regime upgraded to pullback from collapse; NVDA flipped from a negative week to +11.56%; MRVL and ARM both posted 30-day recoveries above 25 points; AMZN cooled off its earnings surge.

Tape Read

$PLTR is the story this cycle by a wide margin: RSI 73 (up from 44.2, now overbought), a +39.78% week (was +0.11%) on a +10.32% single day, 30D +30.09% (was -2.12%), 20-day gap +27.4% (extended well above its 20-day average) — regime upgraded to pullback from collapse, though it remains death-crossed and the move is the sharpest reversal in this file's recent run. $NVDA turned from the calmest name in the group to one of its strongest: RSI 64.5 (up from 48.6), 7D flipped to +11.56% (was -2.94%), 30D +9.72%, still uptrend and thesis flagged intact. $MRVL and $ARM both posted large 30-day recoveries: $MRVL's RSI recovered to 52.3 (from 41.6), 7D +16.61% (was -3.43%), 30D improved to -5.58% (was -31.04%); $ARM's RSI recovered to 50.3 (from 37.5), 7D +17.89% (was -7.82%), 30D improved to -5.89% (was -28.97%) — both names closed most of the drawdown flagged last cycle. $AMZN cooled after its earnings pop: RSI 64 (down from 67.7), 7D decelerated sharply to +1.07% (was inside a +17% week), 30D held near +12.67% (was +12.36%), and distance from its 52-week high widened to -5.07% (was -2.51%) — still golden-cross and thesis intact. $TSM stabilized further: RSI 52 (up from 46.2), 7D +3.91% (was 0.21%), 30D improved to -3.88% (was -9%). Source: full-scan pre-computed summaries as of the 2026-08-07 close — ai-infra.

• $PLTR — WATCH (upgraded sharply from PASS): RSI 73 (up from 44.2, now overbought), +39.78% 7D (was +0.11%), regime upgraded to pullback from collapse — the sharpest single-cycle move in this basket's history, though still death-crossed and extended (20-day gap +27.4%).
• $NVDA — PROMOTE (upgraded from WATCH): RSI 64.5 (up from 48.6), 7D flipped to +11.56% (was -2.94%) — the group's calmest name turned into one of its strongest movers.
• $MRVL / $ARM — WATCH (upgraded further): 7D +16.61%/+17.89% (were -3.43%/-7.82%), 30-day drawdowns improved to -5.58%/-5.89% (were -31.04%/-28.97%) — most of the damage flagged two cycles ago has closed.
• $AMZN — WATCH (downgraded from PROMOTE): RSI 64 (down from 67.7), 7D decelerated sharply to +1.07%, distance from 52wk high widened to -5.07% (was -2.51%) — the earnings surge is cooling off.
• $TSM — WATCH (steady): RSI 52 (up from 46.2), 30D improved to -3.88% (was -9%).

Lead pick: $PLTR is the clear standout this cycle — a nearly-40% week that flips its regime out of collapse entirely, though the extension (RSI 73, 20-day gap +27.4%) argues for watching rather than chasing. $NVDA's turn from the quietest name in the group to a double-digit weekly gainer is the second flag worth tracking.

Sources

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-08-07 close — ai-infra.